152 Cross Street, Somerville, MA
255 Days on Boardwalk PropertiesPrice Reduced $400,000
0
152 Cross Street, Somerville, MA 02145
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$1,800,000
6 Unit
9 Beds
6 Baths
5467 SQFT
0.05 Acre

Property Description

Attention Investors and Developers. Welcome to 152 Cross St, Somerville - a meticulously maintained 6-unit building nestled in the heart of one of Somerville's most desirable neighborhoods. Conveniently located just steps away from shops, restaurants, parks, and public transportation, 152 Cross St offers the perfect blend of suburban tranquility and urban convenience. Don't miss your chance to purchase this property which offers great CASH FLOW! The property has many updates including all newer water heaters, 4 newer heating systems, and a BRAND NEW ROOF. All units are tenants at will.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 10
  • Total Bedrooms: 9
  • Total Full Baths: 6
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full
  • Common Rooms: Kitchen, Living Room
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 126000
  • Gross Expenses: 33628
  • Electric Expenses: 997
  • Water/Sewer: 13510
  • INSC: 5938
  • Net Operating Income: 92372

Utilities

  • Heat Zones: 6
  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73223072
  • Last Updated: 12/19/24
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/19/2024Price Change$1,800,000$329MLSPIN
12/19/2024Price Change$1,800,000$329MLSPIN
09/08/2024Active$1,900,000$348MLSPIN
09/08/2024Active$1,900,000$348MLSPIN
09/04/2024Price Change$1,900,000$348MLSPIN
09/04/2024Price Change$1,900,000$348MLSPIN
06/29/2024Active$2,050,000$375MLSPIN
06/29/2024Active$2,050,000$375MLSPIN
06/25/2024Price Change$2,050,000$375MLSPIN
06/25/2024Price Change$2,050,000$375MLSPIN
05/19/2024Active$2,100,000$384MLSPIN
05/19/2024Active$2,100,000$384MLSPIN
05/15/2024Price Change$2,100,000$384MLSPIN
05/15/2024Price Change$2,100,000$384MLSPIN
04/16/2024Active$2,200,000$402MLSPIN
04/15/2024Active$2,200,000$402MLSPIN
04/12/2024New$2,200,000$402MLSPIN
04/11/2024New$2,200,000$402MLSPIN

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Seller's Representative: DNA Realty Group, Keller Williams Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-12-19 12:43:00

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